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The European Commission has authorised, under EC Treaty State aid rules, €51.9 million of aid, which the Spanish authorities intend to grant to Ford España, part of the Ford Motor Company, for a radical transformation of the existing plant on Almussafes, in the Valencia region. The Commission's assessment found the measure to be compatible with the requirements of the Regional Aid Guidelines 2007-2013. In particular, the Commission takes the view that the project, involving eligible investments of some €490 million by Ford, will significantly contribute to the development of the region's economy without unduly distorting competition. T he investment guarantees the continuity of activity at the Almussafes plant and will maintain some 5000 direct jobs at the plant.